Business Model School: The Penny Gap

12th of March 2007 by fergus

Josh Kopelman of First Round Capital [one of the most active early stage investors in "web2.0" space] has an excellent article on business models

Quote:

“The truth is, scaling from $5 to $50 million is not the toughest part of a new venture – it’s getting your users to pay you anything at all. The biggest gap in any venture is that between a service that is free and one that costs a penny.”

Check out the blog postRedeye VC: The Penny Gap and subscribe …..

http://www.typepad.com/t/trackback/16750240

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